Arms imports at constant USD prices from 1990 reached 50.0 USD mil in 2011 in Iceland, according to the SIPRI Military Expenditure Database.
This is
85.2 %
more than
in the previous year.

Historically, arms imports at constant USD prices from 1990 in Iceland reached an all time high of 50.0 USD mil in 2011 and an all time low of 20.0 USD mil in 1960.
When compared to Iceland's main peers, arms imports at constant USD prices from 1990
in Norway amounted to 611 USD mil, 191 USD mil in Sweden and 379 USD mil in United Kingdom in 2011.

Iceland has been ranked 66th within the group of 112 countries we follow in terms of arms imports at constant USD prices from 1990.

Arms transfers cover the supply of military weapons through sales, aid, gifts, and those made through manufacturing licences.

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Arms transfers cover the supply of military weapons through sales, aid, gifts, and those made through manufacturing licences. The data cover major conventional weapons such as aircraft, armoured vehicles, artillery, radar systems, missiles, and ships designed for military use. Transfers of other military equipment, such as small arms and light weapons, trucks, light artillery, ammunition and support equipment, technology transfers, and other services are excluded. India, Australia and South Korea were the largest importers of arms in 2010, according to the Stockholm International Peace Research Institute, as they bought arms worth USD 3.3, 1.7 and 1.1 billion each (at 1990 constant prices).